General Journal 1 Accounts receivable 65,600 65,600 2 Operating expenses 3,300 3 Cash 46,400 D 4 Salaries expense 30,500 E 5 Accounts payable 15,660 F 6 Dividends 9,700 9,700 At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 28,700 19,700 14,100 21,600 12,700 The following events apply to Oak Consulting for Year 2 1. Provided $65,600 of services on account. 2. Incurred $3,300 of operating expenses on account. 3. Collected $46,400 of accounts receivable. 4. Paid $30,500 cash for salaries expense. 5. Paid $15,660 cash as a partial payment on accounts payable. 6. Paid a $9.700 cash dividend to the stockholders. & d. Post the beginning balances and the transactions from Parts a&d to the appropriate accou Beg. Bal 3. Cash 28,700 46,400 Beg. Bal 1. Accounts Receivable 19,700 65,600 46,4003 30,500 4. 15,660 5. 9,700 6. End. Bal 19,240 End. Bal 38,900 Beg. Bal 5. Accounts Payable 14,100 15,660 3,3002 Common Stock 21,600 Beg. Bal End. Bal 1.740 End. Bal 21,600